Gasoline prices have plunged. So why is no one cheering?
Gasoline prices have fallen $1 in a month and more than $2 since the all-time high in June. Motorists are collectively saving billions at the pump, cash that would have generated fresh legs for the economy in better times. Full Story »
Posted by Derek Hawkins
In parts of Colorado, regular is selling for about $1.65 a gallon. That means it's time gas up the old Suburban--a fillup which cost $170 when gas was going for $4.25 a gallon and now costs $68 at current prices. What's interesting is that we've become so accustomed to gas at outrageous prices that $1.65 seems a bargain.